I Know First Review: May 19th 2014

The stocks selected here are the top performing stocks from I Know First: Daily Market Forecast’s February 19th 2014 Top 5 Stocks titled Top Five Stocks:16.74% Gain in 3 Months. The I Know First Average return was 6.01% versus the S&P 500’s return of 2.02% over the same time period. 

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Advanced Micro Devices Inc. (AMD) received a positive signal 56.46 of and predictability of 0.26. The stock returned 8.65% in accordance with the algorithmic forecast. Last Tuesday (5/20) AMD introduced its second generation R-Series embedded processors code named Bald Eagle, which are successors to the original R-Series products. The new processors use AMD’s latest “Steamroller” CPU cores to target a few specific markets including gaming machines, medical imaging, digital signage, industrial control and automation (IC&A), and communications and networking infrastructure. Experts are hailing the new processors as the highest performance embedded devices for 2014, putting AMD in a good position compared to its competitors.

VeriFone Systems, Inc. (PAY) reported a new board member, former SUN Microsystems CEO Jonathan I. Schwartz. Also it has announced that its mobile point-of-sale technology PAYware Mobile line got approval by Visa Ready Program. This is an additional step towards easy card payments from any location and environment. The company’s signal for the forecast period was 8.70 accompanied by predictability 0.2. In accordance with the algorithm VeriFone Systems gained 16.74%.

Israel based company Orbotech designs, develops, manufactures, markets, and services yield-enhancing production solutions for the supply chain of the electronics industry. Orbotech offers solutions for automated optical inspection (AOI), automated optical repair, laser direct imaging, digital printing, laser drilling, laser plotters, computer-aided manufacturing, and engineering solutions for printed circuit boards (PCBs) and other electronics component manufacturing. Orbotech had a signal of 6.46 and a predictability of .27. I Know First successfully predicted the 8.21% increase in Orbotech stock.

 

Selected stocks mentioned from this forecast are not an endorsement for making trading decisions with these assets currently. Please make trading decisions only with the most recent forecast.

Business Disclosure: I Know First Research is the analytic branch of I Know First, a financial startup company that specializes in quantitatively predicting the stock market. This article was written by Jeremy Quartner one of our interns. We did not receive compensation for this article, and we have no business relationship with any company whose stock is mentioned in this article.

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